Core Viewpoint - The Fourth Plenary Session of the 20th Central Committee of the Communist Party of China emphasizes the construction of a strong domestic market and the acceleration of a new development pattern, focusing on expanding domestic demand and promoting consumption and investment [1] Group 1: Investment and Consumption - The session highlights the importance of combining investment in physical assets and human capital, reflecting a people-centered approach and prioritizing public welfare in economic development [2] - The "three drivers" of economic growth—consumption, investment, and exports—are crucial, with a focus on how to connect and promote these elements for mutual development [2] - The shift from supply-led to demand-led growth indicates a commitment to high-quality development, emphasizing the need to identify potential consumption and effective investment while avoiding wasteful production [2][3] Group 2: Market Integration - The session calls for the resolute removal of barriers to the construction of a unified national market, indicating a stronger commitment to building a high-level socialist market economy [4] - The transition from "accelerating removal" to "resolutely removing" barriers reflects the government's determination to enhance market integration and eliminate regional segmentation [4] - Promoting a virtuous cycle between consumption and investment, as well as supply and demand, is essential for expanding effective demand and increasing effective supply [5] Group 3: Interaction and Ecosystem - Achieving the goal of mutual promotion between consumption and investment requires a proactive approach, moving away from a reactive consumption model [6] - The emphasis on extending industrial chains, connecting supply chains, and integrating value chains aims to create an ecosystem where different elements interact positively, aligning with high-quality development goals [6]
专访中国消费经济学会副理事长洪涛:未来将更加重视有效供给和满足有效需求
Mei Ri Jing Ji Xin Wen·2025-10-29 15:37